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Experian global revenues up 12pc in Q1

(Sharecast News) - Data and technology firm Experian said on Tuesday that global revenues were up double-digits in the three months ended 30 June. Experian said total group revenues had grown 12% at actual exchange rates, with North American revenues improving 10%, while revenues in Latin America and the UK & Ireland were both 8% higher in Q1. Europe, Middle East & Africa and Asia-Pacific revenues surged 39%.

Chief executive Brian Cassin said: "We delivered strong Q1 growth and have further advanced our strategic priorities. Total revenue growth at constant currency was 12%, with organic revenue growth of 8%, sustaining recent strong underlying performance and our financial outlook for the year is unchanged."

As of 0850 BST, Experian shares were up 4.33% at 4,020.0p.

Reporting by Iain Gilbert at Sharecast.com

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